eBay (EBAY) Shares Dip as DoJ Criminally Probing Employees Regarding Use of Craigslist
Tweet
Share
E-mail
Get Alerts EBAY Hot Sheet
Join SI Premium – FREE
eBay (Nasdaq: EBAY) shares are falling after hours Tuesday as Reuters is citing a copy of a San Jose grand jury subpoena which discloses a criminal probe into whether eBay employees misappropriated confidential info from Craigslist.
The subpoena was originally issue last week on behalf of the Department of Justice. The DoJ is requesting a number of documents, including some pertaining to eBay Founder and Chairman Pierre Omidyar.
At last check, eBay shares were down about 1.2 percent to $29.01.
The subpoena was originally issue last week on behalf of the Department of Justice. The DoJ is requesting a number of documents, including some pertaining to eBay Founder and Chairman Pierre Omidyar.
At last check, eBay shares were down about 1.2 percent to $29.01.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rosenblatt Starts eBay (EBAY) at Buy
- Roots Corporation to go private in C$4.10-per-share deal with Marquee Brands
- Blue Moon Metals cleared to build at Nevada tungsten project
Create E-mail Alert Related Categories
Corporate News, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
